NOT LISTED FOR SALE

402 Pepper Ave Palo Alto, CA 94306

Ventura Neighborhood

Estimated Value: $1,331,000 - $1,633,000

2 Beds
2.5 Baths
1,284 Sq Ft
$1,165/Sq Ft Est. Value

Last Sold August 10, 2021

Last sale price $1,380,000 $1,075 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $9,832/month

33 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Heating System
  • Washer and Dryer
  • Barron Park Elementary School Rated A+

About This Home

As of August 2021

Cute and modern 2-story end-unit townhouse nestled into small community in the Ventura Neighborhood of Palo Alto. The home includes 2 bedrooms, 2.5 bathrooms, and a private rear yard. The home has been renovated to include a stylish kitchen, remodeled bathrooms, A/C in the bedrooms, fresh paint, and wood floors. The stacked washer/dryer are located upstairs for convenience. The home comes with 1 dedicated carport space and multiple exterior storage closets. The complex has a secured bike parking area and includes garbage service. The location is near Cal Train and California Ave with restaurants, shopping gyms, Farmer's market and grocery stores!

Last Agent to Sell the Property

John Adams

Presidential Real Estate License #01512831 Listed on: 05/26/2021

Last Buyer's Agent

Lucy Berman

Golden Gate Sotheby's International Realty License #01413627

Golden Gate Sotheby's International Realty

Townhouse Details

Home Type

  • Townhome

Year Built

  • 1980

Lot Details

  • 666 Sq Ft Lot

HOA Fees

  • $475 Monthly HOA Fees

Home Design

  • Pillar, Post or Pier Foundation
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,284 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Wood Flooring
  • Washer and Dryer

Bedrooms and Bathrooms

  • 2 Bedrooms

Parking

  • 1 Carport Space
  • Assigned Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Separate Meters
  • Individual Gas Meter

Community Details

  • Association fees include garbage
  • Pepper Condominiums Association

Townhouse Details

Home Type

Townhome

Year Built

1980

Lot Details

0

HOA Fees

$475 per month

Listing Details

  • Zoning: PC
  • Subclass: Townhouse
  • Listing Class: Residential
  • Max Numberof Unitsin Building: 6
  • Structure Sq Ft: 1284
  • Special Features: None
  • Property Sub Type: Townhouses
  • Year Built: 1980

Interior Features

  • Family Room: No Family Room
  • Fireplace: Living Room
  • Fireplace: Yes
  • Living Sq Ft: 1284
  • Stories: 2
  • Laundry: Washer / Dryer
  • Flooring: Wood
  • Fireplaces Min: 1
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Foundation: Concrete Perimeter, Post And Pier

Garage/Parking

  • Garage Parking Features: Assigned Spaces, Carport
  • Carport Min: 1

Utilities

  • Cooling System: Window / Wall Unit
  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • HOA Fees: 475
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Garbage
  • HOA Exist: Yes
  • H O A Name Text: Pepper Condominiums

Schools

  • High School: 325

Lot Info

  • Lot Acres: 0.0153
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 666.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 666.00

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Maximum Building Height: 2
  • Minimum Building Height: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2021
Closed on
Aug 5, 2021
Sold by
Ozawa Eilene
Bought by
Hatcher Julia A and Roth Andrew D
Seller's Agent
John Adams
Presidential Real Estate
Buyer's Agent
Lucy Berman
Golden Gate Sotheby's International Realty
List Price
$1,450,000
Sold Price
$1,380,000
Premium/Discount to List
-$70,000
-4.83%
Current Estimated Value
$1,496,239

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,239
Avg. Annual Appreciation
1.89%
Original Mortgage
$1,230,000
Outstanding Balance
$1,120,119
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$376,120

Purchase Details

Closed on
Oct 20, 2010
Sold by
Donahue Ryan and Donahue Meredith
Bought by
Ozawa Eilene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 16, 2009
Sold by
Donahue Ryan
Bought by
Donahue Ryan and Slattery Meredith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,000
Interest Rate
5.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 2, 2004
Sold by
Bunch Bryan P
Bought by
Donahue Ryan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,700
Interest Rate
5.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 27, 2004
Sold by
Bunch James T
Bought by
Bunch Bryan P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,700
Interest Rate
5.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 18, 2003
Sold by
Bunch Merilyn H
Bought by
Bunch James T and Marilyn H Bunch 2003 Residence Trust

Purchase Details

Closed on
Nov 15, 1995
Sold by
Pascal Steven Gray and Pascal Nancy Lynn
Bought by
Bunch Bryan P and Bunch Merilyn H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.51%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Hatcher Julia A $1,380,000 Chicago Title
Ozawa Eilene -- Chicago Title Company
Donahue Ryan -- Fidelity National Title Co
Donahue Ryan $522,000 First American Title Company
Bunch Bryan P $100,000 --
Bunch James T -- --
Bunch Bryan P -- --
Bunch Bryan P $200,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hatcher Julia A $1,230,000
Previous Owner Ozawa Eilene $417,000
Previous Owner Donahue Ryan $396,000
Previous Owner Donahue Ryan $333,700
Previous Owner Bunch Bryan P $100,000
Closed Donahue Ryan $83,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/10/2021 08/10/21 Sold $1,380,000 -4.8% $1,075 / Sq Ft
06/29/2021 06/29/21 Pending -- -- --
05/26/2021 05/26/21 For Sale $1,450,000 -- $1,129 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $17,835 $1,464,466 $732,233 $732,233
2024 $17,835 $1,435,752 $717,876 $717,876
2023 $17,571 $1,407,600 $703,800 $703,800
2022 $17,365 $1,380,000 $690,000 $690,000
2021 $10,063 $768,154 $384,077 $384,077
2020 $9,867 $760,278 $380,139 $380,139
2019 $9,672 $745,372 $372,686 $372,686
2018 $9,420 $730,758 $365,379 $365,379
2017 $9,252 $716,430 $358,215 $358,215
2016 $9,005 $702,384 $351,192 $351,192
2015 $8,911 $691,834 $345,917 $345,917
2014 $8,661 $678,282 $339,141 $339,141
Source: Public Records

Agents Affiliated with this Home

  • John Adams

    Seller's Agent in 2021

    John Adams

    Presidential Real Estate

    (408) 442-7690

    1 in this area

    22 Total Sales

    John Adams
    Section Image

  • L

    Buyer's Agent in 2021

    Lucy Berman

    Golden Gate Sotheby's International Realty

    Section Image
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Map

Source: MLSListings

MLS Number: ML81845889

MLSListings

APN: 132-37-063

California Santa Clara County Palo Alto 94306 Ventura

402 Pepper Ave, Palo Alto, CA

Not Listed for Sale

Townhouses

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